Wesley Wiliams
Tax Implication Question - Profit from Sale v. Assignment Fee
In trying to think about structuring deals with potential motivated Sellers, what is the difference in tax treatment for profit from a sale (in the case of equity over mortgage balance) as compared to payments receive...
David Freeman
How best to protect RE assets? LLC? LP? or ???
After reading 'Loopholes of Real Estate' by Garrett Sutton I scheduled a meeting with an attorney to discuss the protection of our properties. I am interested in any advice that BP members can provide in relation to ...
Shaun R.
Warranty Deed vs Quit Claim Deed
This question may require an attorney's expertise. I am transferring two (2) properties that are owned personally by me into LLCs which are controlled/owned by me. I have heard this is most often done via a QCD, but...
Thomas Grice
Driving for dollars to gain start up capital
Hello fellow Bigger Pockets members,I am curious to know if Driving for dollars is a great idea to generate start up capital. My idea is that I would start out Driving for dollars and find a few homes that are great p...
Victor Olaniyi
Knowing what you know now, what would you do different
29 yr old Male, made a lot of poor decisions now trying to turn things around. I don't have the money for a down payment, credit score is right under 600 and I don't know what seperate good real estate from great real...
Ryan Pina
Looking for RE CPA in Massachusetts (south coast).
Bristol county area is where I'm located.I'm on my second flip and I feel my accountant just don't give me no advice or time even if I offer to pay for it. I want to start 2016 properly from a finical stand point. Any...
Andrew Helenbrook
Better Mortgage Lending/Realtor
Has anyone had experience with Better Mortgage for lending and or using their realtors? I was preapproved by answering just a few questions on their website and with a soft credit pull (which has me a little sketched ...
Account Closed
selling and reviewing escrow fees
I am selling a condo in San Diego and will be going over the estimated escrow statement this afternoon. I know there are bunch of line items and I will have to familiarize myself with the closing costs. Asking for s...
Account Closed
New Construction financing- occupancy affidavit apply?
Anyone know if you can obtain financing for new construction as a primary residence and then decide to sell upon completion?
John Public
When first contacting the seller... how to play it?
If I have found a property that I like and looks like a good deal. Then I do some homework on it. OK so after that, is it best to play dumb with the seller and ask them questions that sound like I am a regular buyer...